Downside Prevails
Our Pivot: 16.94
Our Preference: Short sell below 16.83 with strict stop loss of 16.61 and target at 16.61 and 16.52.
Alternate Scenario: Upward penetration of 16.94 will call for 17.05.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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